Motorists and LPG users could face higher fuel prices from Wednesday, September 16, with the Chamber of Petroleum Consumers (COPEC) projecting increases across petrol, diesel and Liquefied Petroleum Gas (LPG).
COPEC expects petrol prices to rise by 4.24%, while diesel could record a sharper 10.23% increase during the second pricing window of September.
LPG is also expected to go up, with COPEC projecting a price of about GH¢15.32 per kilogramme.
In its projection dated September 13, 2026, COPEC attributed the expected increases mainly to a surge in international crude oil and refined petroleum product prices.
The chamber said global crude oil prices rose from US$89.30 to US$103.07 per barrel during the period under review.
The expected increase comes despite a slight appreciation of the Ghana cedi against the US dollar. The cedi moved from an average interbank rate of GH¢11.5166 to GH¢11.4830 per US$1, representing a marginal 0.29% appreciation.
Petrol
COPEC said the international Free on Board (FOB) price of petrol increased from US$1,136.50 to US$1,251.07 per metric tonne, representing a 10.08% rise.
After accounting for the cedi’s marginal appreciation, COPEC projects that petrol could sell at approximately GH¢16.26 per litre, up from the current mean price of GH¢15.60.
This represents a 4.24% increase, with pump prices expected to range between GH¢15.44 and GH¢17.08 per litre, based on COPEC’s estimated ±5% range.
Diesel
Diesel is projected to record an even steeper increase.
Its FOB price rose from US$1,250.50 to US$1,404.73 per metric tonne, a 12.33% jump.
COPEC consequently projects the retail price of diesel at about GH¢19.07 per litre, compared with the current mean price of GH¢17.30.
That would translate into a 10.23% increase at the pump.
If the projections materialise, consumers could once again feel the impact through higher transport fares, operating costs and household expenses, particularly as fuel prices influence the cost of moving goods and services across the country.
